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Tags: Technology

OPEC Production Spikes – Has The Cheating Begun?

OPEC Production Spikes – Has The Cheating Begun?

OPEC’s crude oil production increased by 270,000 bpd in May over April, to stand at 32.12 million bpd–the highest level since January this year–as exempt Libya and Nigeria saw their respective output sharply recovering, according to an S&P Global Platts survey. Despite the high compliance from the cartel’s biggest producer and de facto leader Saudi… READ MORE

Nigeria: Shell Profit Up By U.S.$2.2 Billion, to Invest U.S.$25 Billion in Nigeria, Others

Nigeria: Shell Profit Up By U.S.$2.2 Billion, to Invest U.S.$25 Billion in Nigeria, Others

Houston, U.S.A. — The net profit of Royal Dutch Shell more than doubled in the first three months of 2017, surpassing predictions by analysts as rebounding oil prices and refining gains helped to boost the company’s revenue. The company’s first quarter 2017 financial results released yesterday showed that net income attributable to shareholders in the… READ MORE

Nigeria LNG Exports Landmark 4000th Cargo to Turkey

Nigeria LNG Exports Landmark 4000th Cargo to Turkey

Nigeria LNG Limited (NLNG) on Monday reached another major milestone with the exportation of its 4000th cargo of Liquefied Natural Gas (LNG) from its Bonny Island Terminal in Rivers State to Mamara LNG Terminal in Turkey, which also received the company’s historic 3000th cargo, three years ago. The company’s General Manager in charge of External Relations,… READ MORE

NLNG, NLPGA partner on boosting cooking gas supply to North

NLNG, NLPGA partner on boosting cooking gas supply to North

The Nigerian Liquefied Natural Gas (NLNG) company and the Nigerian Liquefied Petroleum Gas Association (NLGPA) have agreed to work together to surmount some of the challenges that have hindered the penetration of Liquefied Petroleum Gas (LPG) especially to the northern part of the country, Daily Trust reports. The NLPGA, which is the umbrella body of… READ MORE

DooweGas Introduces Above-Ground Filling Station

DooweGas Introduces Above-Ground Filling Station

We introduce our above-ground LPG filling station with 2 scales and all types of nozzles for domestic/industrial cylinders, also including transfer pump, frame, safety valves and piping. Different tank capacities from 5m3 to 19m3. Ready for operation. We are happy to introduce you our new product: “SELF-POWERED & READY FOR OPERATION CONTAINERIZED LPG ( cooking-… READ MORE

Nigeria loses Africa’s top oil producer position to Angola

Nigeria loses Africa’s top oil producer position to Angola

Sheds N83 billion in one month Nigeria’s crude oil production fell by 156,900 barrels per day (bpd) to 1.269 million bpd in March, from 1.426mbpd recorded in February. Consequently, the country lost its status as Africa’s top oil producer to Angola, according to latest data from the Organisation of Petroleum Exporting Countries (OPEC). With the… READ MORE

Nigerian scientist advances technology to convert urine into gas

Nigerian scientist advances technology to convert urine into gas

• Claims Products Could Be Used To Run Gas Turbine Generate Over 11,250 Megawatts Electricity A Nigeria scientist, Ejikeme P. Nwosu, and his team of researchers have fabricated equipment that converts urine into flammable gases, biomethane and hydrogen-rich gases, with 100 per cent indigenous technological inputs. Nwosu, a graduate of Pure and Industrial Chemistry from… READ MORE

Local content: Boost to indigenous capacity in oil, gas industry

Local content: Boost to indigenous capacity in oil, gas industry

Before the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010, which became law on April 22, 2010, and giving birth to the Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian oil and gas industry was dominated by International Oil Companies (IOCs), including briefcase businessmen, who relegated indigenous operators… READ MORE

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